Reso 1997-021 to 025 - Laserfiche WebLink

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e. Not withstanding any other provisions of the law relating to the acquisition, management or disposal of real property by the State, the City shall have the power to do any or all of the following: Possess, operate, complete, lease, rent, renovate, modernize, insure, or sell for cash or credit, in its sole discretion any properties conveyed to it in exchange for debentures as provided in the Insurance Law. 2. Pursue to final collection by way of compromise or otherwise all claims against the Developer assigned by Developer to the City; or 3. Convey and execute in the name of the City deeds of conveyance, deeds of release, assignments and satisfactions of the Deed of Trust, and any other written instrument relating to real or personal property or any interest therein acquired by the City. Section 16. Notices. All notices, certificates or other communications, with the exception of status reports required under Section 10, shall be sufficiently given and shall be deemed given on the second day following the date on which the same have been mailed by certified mail, postage prepaid, addressed as follows: If to the City: City of San Leandro 835 East 14th Street San Leandro, California 94577 Attention: Development Services Department If to the Developer: San Leandro Shelter for Women and Children 1395 Bancroft Avenue, #13 San Leandro, CA 94577 Attention: Director Status reports, as required under Section 10, shall be sufficiently given and shall be deemed given on the second day following the date on which the same have been mailed to the City, addressed as specified in this Section. The City and the Developer may, by notice given hereunder, designate any further or different addresses to which subsequent notices, certificates or other communications shall be sent. Section 17. Indemnification. The Developer hereby covenants and agrees that it shall, at its own expense, defend, indemnify and hold harmless the City, its respective officers, directors, officials, employees and agents (the "Indemnitee") from and against any and all claims by or on behalf of any person arising from any cause whatsoever in connection with the 7